As a result of recent writings on the role of the GSEs in the financial crisis, the Roosevelt Institute has decided to do an event in Washington D.C. to lay out and discuss what we know about what has happened. The event will start with a keynote from Phil Angelides of the FCIC. It will continue with a panel discussion featuring several commentators, including Josh Rosner, who recently wrote the book Reckless Endangerment, David Min of Center for American Progress, whose research has been featured at this blog, and others.
A second panel I’m moderating will talk about what role there is for the government in the housing market beyond normal fraud and consumer protection laws. If we were to create a role for the government from scratch right now, what would it look like? What are the pros and cons of a deep, liquid secondary market? The 30-year, fixed-rate mortgage? This portion will conclude with a keynote by Joseph Stiglitz.
The event is next Tuesday, September 13th, in Washington DC on the hill. If this is of interest to you, contact the RSVP email below. Hope to see you there!
There is ongoing discussion about the role of Fannie Mae and Freddie Mac in the financial crisis. Looking back, did government-sponsored enterprises contribute to the crisis? And moving forward,what kind of housing market do we want to have and what will the federal government need to do?
Please join Roosevelt Institute Senior Fellows Rob Johnson, Jeff Madrick, and Joseph Stiglitz along with Fellow Mike Konczal in Washington D.C. as we examine these questions and the future of housing policy in America.
The Government’s Role in Housing Policy
September 13, 2011
8 a.m.-12:30 p.m.
Featuring keynote speakers
- Phil Angelides, Chairman of the Financial Crisis Inquiry Commission
- Joseph Stiglitz, Nobel Prize-winning economist and Roosevelt Institute Senior Fellow
Joshua Rosner, co-author of Reckless Endangerment
- Robert Van Order, Professor of Finance and Oliver T. Carr Professor of Real Estate, George Washington University; former Chief Economist, Freddie Mac
- Susan Wachter, Richard B. Worley Professor of Financial Management; Professor of Real Estate and Finance, The Wharton School
- David Min, Center for American Progress
Space is limited, so please RSVP to Madeleine Ehrlich at mehrlich [at] rooseveltinstitute.org or call 212.444.9138. We’ll begin with a continental breakfast from 8:00-8:30 a.m.